Current situation:

The market has been recovering since $BTC took part of the liquidity below $60k. Some altcoins made a new low but others didn't. This was expected (see the idea of the replied post and other updates)

However, $BTC left liquidity at $57k-$59k and the bounce is overextended now. We could expect another retracement, but this move down could not reach new lows, just form a higher low.

Whether $BTC and the rest of the market makes a new local low or a higher low, after this possible next pullback, it might be a good time to add exposure to the market, especially to low caps. If that happens I will be buying some and will share the setups.

#bitcoin #btc #bullorbear #bitcoinhalving